The recent amendments carried out through the Companies Amendment Bill, 2021 would significantly promote start-ups, business innovation, entrepreneurship and improve… Read More
Mini-Budget: 15% Withholding Tax on Cellular Services Under Consideration
The government is considering raising the withholding tax (WHT) on cellular services from 10 percent to 15 percent in the… Read More
Sindh Engro Has Mined 10 Million Tons of Coal in Less Than 3 Years
The Sindh Engro Coal Mining Company (SECMC) has accomplished a production benchmark of 10 million tons of coal. After starting… Read More
Govt Fixes $31.20 Billion Export Target for 2021-22 Under Trade Policy 2020-25
The Ministry of Commerce has fixed an export target of $31.20 billion for 2021-22 in the Strategic Trade Policy Framework (STPF)… Read More
Chairman FBR Ensures Seamless Customs Clearance at Chaman Border
On the third and last day of his eventful visit to Baluchistan, Chairman FBR/Secretary Revenue Division, Dr. Muhammad Ashfaq Ahmed,… Read More
FTO Orders Investigation of Tax Formula Issue
Federal Tax Ombudsman (FTO) Dr. Muhammad Asif Mahmood Jah, has directed officials to investigate the issue of the minimum tax… Read More
Govt Shelves Plan to Exempt Import of Oxygen Tools from Duties
The federal government has put off the plan of exempting the import of oxygen gas, cylinders, and cryogenic tanks from… Read More
SBP’s New Foreign Currency Rules to Reverse the Negative Trend: Economist
The State Bank of Pakistan (SBP) has updated the regulations governing the selling of foreign exchange to individuals by exchange… Read More
Fatima Fertilizer Eyes Acquisition of Majority Stake in Saudi-based Samba Bank Ltd
One of the leading local companies in Pakistan, Fatima Fertilizer Limited, has shown interest in the acquisition of majority stakes… Read More
SBP Takes Extra Measures For Strengthening Foreign Exchange Transactions
In order to enhance documentation and transparency and to further strengthen the foreign exchange regulatory regime, the State Bank of… Read More
Pakistan And Gulf Cooperation Council Agree to Conclude Free Trade Agreement Soon
Pakistan and Gulf Cooperation Council (GCC) have agreed to cooperate closely in order to conclude Free Trade Agreement at the… Read More
Govt Extends Prize Bonds Encashment Deadline Again
For the fourth time, the Finance Ministry extended the date for encashment of Rs. 7,500, Rs. 15,000, Rs. 25,000 and… Read More
